Health Discovery Corp (HDVY)

[SmoothTrader61]

(2) The Company will receive cash upon the exercise of the 1,000,000 warrants at $0.13 per share and the exercise of 6,875,000 warrants at $0.17 per share for a total of $1,298,750. The Company does not expect to receive any proceeds from the exercise of the 3,333,333 warrants at $0.20 per share, the 3,333,333 warrants at $0.25 per share and the 3,333,334 warrants at $0.30 per share due to certain exercise price adjustments. See “ Selling Shareholders .”